Nigeria’s Inflation rate
15 Aug 2024
There appears to be a Ray of hope as Nigeria's inflation, which has maintained a consistent rise over the last 18 months, has dropped by 0.8 per cent in July 2024. The National Bureau of Statistics, in its July consumer price index (CPI), said in a report published on Thursday that the July 2024 headline…
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The Federal Government has reiterated its commitment to revamping cooperative societies and weeding out fake and corrupt ones that steal and scam innocent citizens. The Minister of State, Federal Ministry of Agriculture and Food Security, Senator Sabi Abdullahi, stated this at the opening ceremony of the National Intensive Training Workshop for trustees, management committees, and…
2 mins ago
To reduce the rate of hunger and malnutrition in the country, stakeholders in the agricultural sector have called on the government to implement the 'Right to Food Act.' The stakeholders, including the Global Initiative for Food Security and Ecosystem Preservation (GIFSE) and the Farm and Infrastructure Foundation of Nigeria (FIFN), disclosed that the Right to…
9 mins ago
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has threatened serious sanctions against tax defaulters in the territory
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The Medical and Dental Consultants' Association of Nigeria (MDCAN) in the South-West Zone, on Wednesday, called on the Federal Government, monarchs, opinion leaders, and other stakeholders to come to the aid of medical education in the region and the country at large. The association also called on the government to commence the implementation of the…
28 mins ago
Residents of Barikallahu, a community near the Air Force Institute of Technology in Kaduna State, are now living in palpable fear after
35 mins ago
Nestlé Nigeria has announced a full-year revenue growth of 75.2 per cent, reaching N958.8 billion in 2024. This is contained in a corporate disclosure by Nestlé Nigeria on Thursday. Mr Wassim Elhusseini, Chief Executive Officer and Managing Director of Nestlé Nigeria Plc, in the disclosure, said the company’s operating profit improved by N167.9 billion representing…
43 mins ago
The Abuja Chamber of Commerce and Industry (ACCI) has officially adopted a clear definition of Women-Owned Businesses (WOB) to promote gender inclusion and ensure targeted support for women entrepreneurs. According to ACCI, WOBs are businesses with "women as sole proprietors, companies, or partnerships that are more than 51% owned by women." The development was discussed…
43 mins ago
Governor Abba Kabir-Yusuf of Kano State says the government has set up a committee toward sponsoring a State Emergency Management Agency (SEMA) Ecological Funds Bill in the House of Assembly. Kabir-Yusuf said this on Thursday while declaring open a two-day Disaster Risk Management Stakeholders’ Engagement Meeting in Kano. The News Agency of Nigeria (NAN) reports…
46 mins ago
A High Court sitting in Warri has ordered the Economic and Financial Crimes Commission (EFCC) to publicly tender an apology to Mr Julius Oluwafunmisho Okedele for adding his name on a suit for Financial fraud The court In charge No. FHC/WR/110C/2019, filed on December 2, 2019, the EFCC charged Akegor Godbless Omamuyovwi and two other…